Getting Ready for the New General Data Protection Regulation

GDPR is coming and with these new security standards industry experts are racing to make sure businesses are compliant.

With the GDPR compliance deadline of May 2018, IBM investigates the opportunity to not just meet the regulation but transform and deepen trust and relationships with customers around their “personal data.”

GDPR raises several risks for companies including consent and purposes of processing; effective culture change; third parties and the data supply chain; vexatious access requests; and establishing a data privacy capability and effective EPO.

Understanding, defining, and documenting the business meaning of data becomes more important as the scope of data management extends to all sources of knowledge within an enterprise, and as regulations such as GDPR are supported, according to the experts.

IBM’s Business Vocabulary has pre-built:

Representations of industry terminology, including GDPR

1000s of industry-specific Business Terms representing the common language of your business, cross referenced with GDPR terms.

Sets of enterprise-wide KPIs which help you define reporting requirements, including GDPR